GM to take charge of $1.3 billion to cover recall costs

General Motors is announcing it's widening the Q1 charge it will take to repair its recalled vehicles, reports CNBC's Phil LeBeau. The company will also be adding an ignition lock to all of the recalled vehicles.

General Motors will take a $1.3 billion charge in the first quarter, the company said on Thursday, stemming from the massive vehicle recall that has battered the company for weeks.

The planned charge includes a previously announced $750 million item, GM said. The company also said it will add ignition lock cylinders to its U.S. safety recall.

"On a preliminary basis, despite the $1.3 billion recall charge, GM currently expects to report solid core operating performance in the first quarter financial results," the company said in its release.